Religare Enterprises (BOM:532915) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Religare Enterprises Debt-to-Equity?

Religare Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Religare Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Religare Enterprises's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Religare Enterprises's Debt-to-Equity or its related term are showing as below:

BOM:532915' s Debt-to-Equity Range Over the Past 10 Years
Min: -103.17 Med: 4.22 Max: 53.97
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Religare Enterprises was 53.97. The lowest was -103.17. And the median was 4.22.

BOM:532915's Debt-to-Equity is ranked worse than
57.55% of 384 companies
in the Insurance industry
Industry Median: 0.24 vs BOM:532915: 0.31

Religare Enterprises Debt-to-Equity Historical Data

The historical data trend for Religare Enterprises's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Religare Enterprises Debt-to-Equity Chart

Religare Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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8.07

53.97

-103.17

-4.88

0.41

Religare Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.41	N/A	0.31	N/A

Competitive Comparison of Religare Enterprises's Debt-to-Equity

For the Insurance - Life subindustry, Religare Enterprises's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Religare Enterprises's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Religare Enterprises's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Religare Enterprises's Debt-to-Equity falls into.

Religare Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Religare Enterprises's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	8409.531)	/	20576.851
	=	0.41

Religare Enterprises's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	0
	=	N/A

Religare Enterprises (BOM:532915) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Religare Enterprises Debt-to-Equity Related Terms

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Religare Enterprises (BOM:532915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Religare Enterprises Ltd (BOM:532915) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RELIGARE:India

Address

Dr. Jha Marg, 8th Flooe, Block A, Max House, Phase III, Okhla Industrial Estate, New Delhi, IND, 110020

Website

https://www.religare.com

Religare Enterprises Ltd is an India-based company that is principally engaged in providing diversified financial services, including loans to small and midsize enterprises, affordable housing finance, health insurance, capital markets, and wealth management. The company operates via various subsidiaries and operating entities. It generates around two-thirds of total revenue from investment and financing activity. The company concentrates its business in India, and generates the majority of revenue from the domestic market.

Religare Enterprises (BOM:532915) Headlines

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